NOT LISTED FOR SALE

340 East Lawson Rd Hot Springs, NC 28743

Estimated Value: $172,205

22.4 Acres
$7,688 Price per Acre
975,744 Sq Ft Lot

Last Sold August 26, 2020

Last sale price $110,000

Est. 57% increase in value since last sale

Current estimated payment $986/month

194 Days on Market

Highlights

  • Waterfall on Lot
  • 22.4 Acre Lot
  • Private Lot
  • Madison Middle School Rated A-
  • Mountain View
  • Wooded Lot

About This Lot

As of August 2020

Surrounded by Pisgah National Forest on 3 sides, this 22+- acre tract boasts a majestic bold creek w/ waterfalls cascading through the property for over 1/3 mile. The property also boasts multiple springs, rock outcrops, a majestic hardwood & rhododendron forest, & soil roadbed that can be reclaimed to the rear property line dead ending into the National Forest. Enjoy a short 5 minute drive to Hot Springs, also the French Broad River & Appalachian Trail are very nearby. Excellent property for unspoiled hunting habitat, or a pristine natural setting for your Appalachian retreat. Incredible value for such a private parcel w/ dead end road privacy, unlimited potential, & unrivaled natural beauty. A true once-in-a-lifetime opportunity at an excellent price, there is nothing like this property on the market.

Last Agent to Sell the Property

Collin O'Berry

Keller Williams Professionals Brokerage Email: collin.oberry@gmail.com License #274582 Listed on: 12/23/2019

Keller Williams Professionals

Last Buyer's Agent

Rosie Johnson

GreyBeard Realty License #207617

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $572

Lot Details

  • 22.4 Acre Lot
  • Property fronts a private road
  • Private Lot
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Multi-Family, Recreational, Residential, Subdevelopment, Tree Farm/Timber
  • Property is zoned RA

Property Views

  • Mountain Views

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 8850619568

Community Details

Overview

  • No Home Owners Association

Recreation

  • Access to stream, creek or river
  • Waterfall on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$572

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Easement, Private Road
  • Road Surface Type: Gravel
  • ResoPropertyType: Land
  • Attribution Contact: collin.oberry@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Possible Use: Multi-Family, Recreational, Residential, Subdevelopment, Tree Farm/Timber
  • Room Count: 0

Exterior Features

  • Construction Type: Manufactured,Off Frame Modular,On Frame Modular,Site Built
  • View: Mountain(s), Winter
  • Water Body Name: Blood River
  • Waterfront Features: None, Other - See Remarks
  • Waterfront Elevation: 1500
  • Other Structures: None

Utilities

  • Sewer: Septic Needed
  • Utilities: None
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Adjoins Forest, Creek Front, Private, Sloped, Creek/Stream, Wooded, Waterfall
  • Lot Size Area: 22.4
  • Lot Size Units: Acres
  • Parcel Number: 8850619568
  • Zoning: RA
  • Plat Book Slide: 6 / 378
  • Can Be Subdivided: 1
  • Lot Size Acres: 22.4
  • Lot Size Sq Ft: 975744
  • Wooded Area: 22.4
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2019
Closed on
Aug 24, 2020
Sold by
Smelser James P and Parks Kathleen
Bought by
Rynes Robert C and Rynes Kristi L
Seller's Agent
Collin O'Berry
Keller Williams Professionals
Buyer's Agent
Rosie Johnson
GreyBeard Realty
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%
Current Estimated Value
$172,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,205
Avg. Annual Appreciation
7.20%
Original Mortgage
$82,500
Outstanding Balance
$67,126
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$88,516

Purchase Details

Closed on
Apr 25, 2008
Sold by
Zimmer Doretha O
Bought by
Smelser James P and Smelser William C
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rynes Robert C $110,000 None Available
Smelser James P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rynes Robert C $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $110,000 -4.3% --
07/04/2020 07/04/20 Pending -- -- --
01/11/2020 01/11/20 Price Changed $115,000 -8.0% --
12/23/2019 12/23/19 For Sale $125,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $572 $91,189 $91,189 $0
2023 $421 $73,794 $73,794 $0
2022 $421 $73,794 $73,794 $0
2021 $421 $73,794 $73,794 $0
2020 $41 $73,794 $73,794 $0
2019 $70 $59,035 $59,035 $0
2018 $67 $0 $0 $0
2017 $67 $0 $0 $0
2016 $67 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $59,035 $59,035 $0
2013 -- $59,035 $59,035 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3573929

Canopy MLS (Canopy Realtor® Association)

APN: 8850-61-9568